Central Banks Use of Derivatives and Other Contingent Liabilities : Analytical Issues and Policy Implications /

Whereas some central bank derivatives and other contingent liabilities arise from anomalous circumstances, there are a number of positive reasons that explain their popularity. After analyzing the rationale for these operations, we stress that most of these operations, being off-balance sheet, incre...

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Bibliografiske detaljer
Hovedforfatter: Schumacher, Liliana
Andre forfattere: Blejer, Mario
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 2000.
Serier:IMF Working Papers; Working Paper ; No. 2000/066
Online adgang:Full text available on IMF